in regards to potential monero marketing:
I'm sure this amanda johnson is great and everything but I've never heard of her.
we need to think much much bigger folks
if we are going to be collecting a fund for marketing we need to have a kardashian doing our marketing
hate or love em they've mastered the art of selling dreams
Who is Kardashian? I have heard the name several times from different sources but never bothered to find out who is he...? BitcoinMeister from Youtube I know but him I am not aware of. -------------- Regarding price speculation there are some early, yet weak signs Monero will establish somewhere around 0.008 before the next leg which is hopefully upwards. What I am happy for is the buy support is there, however still a little bit complaining the number of bitcoins chasing for Moneros (10 k btc bids as the bare minimum would be nice IMO and also build trust for the holders not to sell when they know the markets are liquid and they are able to sell whenever they need the money, not whenever there is demand). |
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Clearly I have underestimated the force of this move. It appears as though stability will occur somewhere north of 0.01. I don't have enough info yet to estimate where. I gave up on market-making again, since these large impulsive moves are fatal to MMer profitability. Holding rather too much BTC right now, hoping for a dip.
Edit: currently forming another bull flag. Expecting an impulsive move past .01 later today. How far past, is not with my comfortable domain of estimation.
I put a market maker sell order for a few hundred coins to the price point of 1.0 btc, but I might increase it to higher point, I am thinking like 2-3 btc/xmr (if they will be taken I hope I can buy back lower). |
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I can't believe you are not holding Monero! Still at least you have a roof over your head  Yeah, shit happens, but the house is still promising. We are starting a community there and Daniel Raissar is coming. Life goes on. I'd be interested in your thoughts about XAG - it seems to have taken a life of its own recently. How long do you think the recent correction will continue?
Um no idea. Historically XAG is quite cheap so I'd invest a small % of portfolio as a hedge with appreciation potential. But it is no more a lynchpin of the global economy, ever since crypto was invented. I invested in XAG after the Brexit vote and took advantage of some steep rises as well as some crypto like volatility. I did get caught out by the recent correction although think it is still a good investment over 6 to 18 months. There seems to have been a lot of new technological and industrial utilisations which I think will add to its intrinsic value. I try to collect all the Pandas that are available when they come out. I think the current year's Panda might gain some kind of special premium because it is the first time AFAIK when the Panda is 30 grams instead of 31.1 grams. Lunars are priced ridiculously (unless you will not buy the current year 0.5 oz). Usually the halvers are doing better than the whole ounce. |
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the number of large owners are decreasing and the coin gets more diversified at this point
What evidence do you have? Early weak hands? Inmho, Monero has (had) the strongest bagholders ever met in the world Selling at 4-5 usd = early weak hands. Strong hands: My coins are not for sale, sorry. |
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I have not sold any Moneros. For me Monero is a hit or a miss. I am almost bullish on Monero since it is quite close to ATH.. It is very good for Monero's price development in the future that the number of large owners are decreasing and the coin gets more diversified at this point. The important thing for the rest of the bagholders is to give liquidity to the dumpers and let the early weak hands get shaken first.  I am counting heavily on the future demand. I think Monero should equal to 1 oz gold, and further in the future to 100 gram of gold. Bear in mind, if there are 20 million junkies looking for 1 XMR it will take terribly long time until they can have 1 simultaneously. |
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What the heck happened while I was sleeping? The cork is open?
Buy support is still something we need to work with (10 k btc constantly would be awesome).
Read - Dump incoming? I think the dump came already. It peaked around 0.009, and now it is -20 % at only 0.007. There might be some people willing to dump and they can do so. Personally I am not going to do it - the buyers are in pretty safe position thanks to the real world use of Monero. And the darknet market vendors probably will not dump their Moneros since the privacy is something they value the most in currency. The funny thing about this race is that I do not feel anything - perhaps it is due to too much fantasizing 10 000 + usd/xmr price.
We are living exciting times since we are unknown waters now. |
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What the heck happened while I was sleeping? The cork is open?
Buy support is still something we need to work with (10 k btc constantly would be awesome).
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10k volume!!
IMAGE
24hr Volume: 10008.13360079 BTC / 1918420.59736845 XMR
Impressive indeed. Let's keep it like this. ATH will be a psychological barrier which is interesting to see if it can be supported for ever. Then the price can rise pretty fast and things escalate. |
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Who let the elephants to china shop?
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The next major resistance is ATH (0.011) if we get there. After that probably it is free fly since only real daredevils (besides miners) will sell as nobody knows how high this will fly. If the Darknet market people start also using (why they wouldn't) their demand might bring Monero to 100 usd each, even higher depending on how low you guys are gonna sell your coins to them. Mine are not for sale before 100 usd, and only like 10-50 XMR so that I can buy a few gold coins just for fun.  So fuck it I should just go all in right now then and make a score of a lifetime. All in is a risky move but sometimes it pays off. The recent rise of Monero to 5's is in the very same time as this vid was publishded... https://www.youtube.com/watch?v=R4S-eLLiTwk&feature=autoshareCoinincidence....? With 150 views its a joke. But I have seen people go all in and become richer then they could have imagined. I just bought a few hundred more. In order to make money sometimes you need to take risks I guess. If Monero goes viral indeed the current price is just peanuts compared with the potential value. |
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Talking about videos. Maybe this one will be one of best investment video advise ever. In October 2015 Monero was worth 40 cents. Very solid advice and a nice video. Thank you for sharing it. |
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The next major resistance is ATH (0.011) if we get there. After that probably it is free fly since only real daredevils (besides miners) will sell as nobody knows how high this will fly. If the Darknet market people start also using (why they wouldn't) their demand might bring Monero to 100 usd each, even higher depending on how low you guys are gonna sell your coins to them. Mine are not for sale before 100 usd, and only like 10-50 XMR so that I can buy a few gold coins just for fun. So fuck it I should just go all in right now then and make a score of a lifetime. All in is a risky move but sometimes it pays off. The recent rise of Monero to 5's is in the very same time as this vid was publishded... https://www.youtube.com/watch?v=R4S-eLLiTwk&feature=autoshareCoinincidence....? |
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The next major resistance is ATH (0.011) if we get there. After that probably it is free fly since only real daredevils (besides miners) will sell as nobody knows how high this will fly. If the Darknet market people start also using (why they wouldn't) their demand might bring Monero to 100 usd each, even higher depending on how low you guys are gonna sell your coins to them. Mine are not for sale before 100 usd, and only like 10-50 XMR so that I can buy a few gold coins just for fun. |
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That's so big news that I nibbled a few hundred more Moneros for the first time for months. I thought I had enough coins but obviously I didn't (greed). |
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Posting on historic 1000th page of the Monero Speculation topic. I predict a vicious, though short battle for the magic post at the top.
This topic is like a limited blockchain - you can selectively modify what's happened before by deleting your old posts, but that's about it.
A lot has changed in the last 500 pages.... Here's looking forward to our inevitable 2000th page.
Monero thread is like the Universe: First expansion, then contraction. |
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This is the best news for Monero so far in my opinion.
In all honesty brother, do you think XMR will reach 5 USD this year? What is your ATH prediction for by December this year? P.S. - Nice Avatar ...Legendary show from my day To be honest I have no idea how high the price will go. I think it will go higher from here but how high - I lack of tools to analyse it and if someone tells what the price will be after a few months (assuming no ability to control the price) I think he lies. Sure we can guess different scenarios and probabilities for each of them, but also those are at best only guesses. My advice is to dry Poloniex from Moneros completely and let only the miners sell to Darkmarkets their coins. By this way the price of Monero probably goes quite high (especially due to the fact that mining supply is also draining). 5 USD is a possibility, 0.5 USD also and I am not saying it cannot go to 50 USD by the end of 2016 either. Scrooge McDuck taught me to appreciate money, therefore I owe him. He taught the solid principles of how to make money and how to treat it. |
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This is the best news for Monero so far in my opinion.
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Alphabay/Oasis is like the perfect, organic PR campaign we were discussing a few pages ago, descending from heavens, packet and ready to go.
It just blows out of the water Amanda B Johnson´s idea.
As this info spreads and solidifies, expect the supply to dry as the desert of atacama.
I hope the supply dries up... Let the emission be the only number of coins available for buyers. |
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